[villages07]

Originally Posted by CarGuys

Couldn't have said it better Carla! I'm betting that next year all our rates go up or are gone until this all settles down.

Wonder how many say go un-protected and just let the bank take it when it disappeares?

I have ASI and it appears they significantly raised their rates somewhere around last May (plus or minus a month or two). For example, my renewal was for August and insurance went up somewhere around 20%, mostly due to sinkhole and "approved" rate increases. All the folks complaining about rate increases now are catching up to last year's approved rate hike.

It'll be interesting to see what happens to those coming up on this next year of renewals (i.e. after May'ish) to see there is another significant rate hike or other changes in sinkhole coverage.

Someone asked earlier, and never got a good answer.... for folks who have recently closed on new homes in Sanibel or St James...what has been your experience in obtaining sinkhole coverage as part of your HO insurance?